Two of the U.S.'s largest railroad companies, Union Pacific and Norfolk Southern, say they plan to merge, which would create the country's first coast-to-coast freight railroad.

Mike Steenhoek, executive director of the Soy Transportation Coalition, says if approved the merger could change the shipping landscape with both winners and losers.

The District 18 seat is open after the death of Rep. Sylvester Turner. It may be a low turnout election on Nov. 4.

The $85 billion agreement is expected to take years to be completed, a process that includes an application with the Surface Transportation Board within the next six months.

Union Pacific wants to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in ...

Union Pacific’s $85B bid for Norfolk Southern faces regulatory and labor hurdles, but some see upside in this high-stakes merger arbitrage opportunity.

Union Pacific Corp. is acquiring Norfolk Southern Corp. in an $85 billion deal, the companies announced Tuesday, a merger they said will create America's first transcontinental railroad company.

Norfolk Southern tie up would aid long-haul transport.

With the jet stream positioned well to the north, hot and humid conditions are forecast for millions in the Northeast through ...

Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S.